Community Property short Outline
From: Anonymous | Date: 10/23/2007 | Rated: 7 (1) | Views: 1775 | Downloads: 151
Basic Principles "answer according to California Law"
Separate Property (SP)
=Property owned by either spouse before or after the marriage
=property acquired during marriage by gift, will, or inheritance.
Community Property (CP)
All assets acquired during marriage are PRESUMPTIVELY community property.
Absent an agreement or title stating tha ... more>>